Gabby Company's Accounts Receivable Account has a debit balance of $895,000, and the Allowance for Doubtful Accounts has a debit balance of $1,500 at the end of the year before adjustment. An analysis of their customers' accounts estimates that 2% of year end account receivable will be uncollectible. The adjusting journal entry for doubtful accounts will include: Answer A. Debit Bad Debts Expense $19,400 B. Credit Allowance for Doubtful Accounts, $17,900 C. Credit Allowance for Doubtful Accounts, $16,400 D. Debit Bad Debts Expense $16,400